A currency tends to strengthen when its country’s interest rates are higher than its peers. But here’s why AUDUSD might see limited gains moving forward. Also, check out its forecasted trading range for the next one week.

Revisiting our article from Tuesday, June 11th, we highlighted that Avalanch, Dogecoin, and Solana were likely to outperform on a jam-packed Wednesday (US CPI release and latest Fed meeting). Those 3 cryptos duly delivered outsized moves, but there was a surprise outperformer on the day!

It would be a crime to overlook FXTM’s US500 on such a big day for global markets. The index could be injected with fresh volatility thanks to a rare US CPI and Fed combo.

The world's 2 largest cryptos, Bitcoin and Ethereum, are both falling over 3% each, ahead of Wednesday's highly anticipated US inflation data and the Federal Reserve's policy signals. But other cryptos could offer bigger opportunities for traders tomorrow.